When you run a small business, every dollar counts – and you don’t want too many of those dollars going to increased insurance costs. However, that’s what can happen if you have too many workers’ compensation claims. What can you do to reduce the chances of a...
You own or run a successful, small or medium-sized business. You know that the workplace risks in your industry are ultimately quite low and your business has been successful, so you decide to self-insure against worker injuries. Businesses in New York that qualify...
Injuries in the workplace can have a detrimental effect both on employees and businesses alike. If an employee is injured while carrying out work duties, they may be able to file a claim for workers’ compensation. Such claims typically relate to two forms of harm,...
Workers' compensation coverage is not cheap to obtain, and it will likely cost more if your business has big claims against that coverage. When someone who works for your company has an injury or develops a medical condition they claim relates to their work, they...
Employers want to make their workplaces in New York as safe as they can be. That translates into keeping their workforce protected from excessive noise, slip-and-fall injuries, burns, bruises, broken bones and a host of other occurrences and circumstances that can...
Workers’ compensation insurance is designed to help cover an employee’s treatment costs and lost income in the unfortunate event that they are hurt at work. It is also meant to cover an employer from incurring financial losses that may result from a workplace-related...
Self-insuring your business means taking on all the financial risks covered by insurance policies. Employers who choose to self-insure pay claims or damages out-of-pocket and do so to improve the operating profits of their business by reducing premium costs....
Imagine having a worker come to you to tell you that they were hurt on the job. The way they say they got hurt doesn’t make much sense to you, but you agree to help them with their workers’ compensation claim since you can’t prove that they didn’t get hurt on the job....
Many workers who file workers’ compensation claims have a situation that this type of insurance should cover. It isn’t very often that a worker will file a fraudulent claim, but employers should pay close attention to signs that there’s something amiss. While every...
In the world of insurance, there are many fees, deductibles, premiums and other miscellaneous financial expenditures businesses must worry about. Between juggling funds in the budget to cover the next round of workers' compensation insurance and normal business...
